Finance Minister Discusses Debt Service Suspension Initiative, Here's How It Works

INSUBCONTINENT EXCLUSIVE:
G20 Summit: Finance Minister highlighted the Debt Service Suspension InitiativeWhile attending a virtual meeting of finance ministers of the
G20 nations to discuss the global economic outlook amid the COVID-19 crisis, finance minister Nirmala Sitharaman on Friday, November 20,
repayment period of three years and a one-year grace period
resources to increase health, social, or economic spending in response to the ongoing crisis
The beneficiaries also commit to disclose all public sector debt and debt-like instruments.The eligible countries would include all of the
treatment from any private-sector creditors.